The Texas College of Cosmetology-Abilene did not increase tuition fees for the 2022-23 school year, as revealed in the latest financial disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $13,250 in tuition for both the 2021-22 and 2022-23 academic years.
The entire undergraduate student body at the college consists of residents of Texas.
Data indicates that 77% of full-time undergraduates who began their studies at Texas College of Cosmetology-Abilene in 2022-23 received some form of financial aid. Specifically, 82 students were awarded grants or scholarships totaling $458,560, while 76 students obtained student loans exceeding $421,140.
Across all undergraduates, 131 students benefited from grants or scholarships amounting to $1.5 million. Additionally, 131 students borrowed a combined total of $787,275 in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 82 | 77% | $458,560 | $5,592 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 82 | 77% | $458,560 | $5,592 |
| Federal student loans | 76 | 72% | $421,140 | $5,541 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 76 | 72% | $421,140 | $5,541 |
| Total student aid | 82 | 77% | $879,700 | $10,728 |
